Apple's First Quarter Profits announced

-
Apple posts record $3.25b profit in first full quarter of iPad sales, says more 'amazing products' coming this year

Apple just posted up its third quarter earnings -- its first full quarter selling the iPad -- and, well, it's raining cash in Cupertino. The company posted a record profit of $3.25b on record revenues of $15.7b, which is up from $1.83b and $9.73b from a year ago. The big stat? Apple sold 3.27 million iPads, nearly matching the 3.47 million Macs sold -- and Mac sales were up 33 percent from a year ago to set a new quarterly record. Yeah, damn. iPhone sales -- including the first few weeks of the iPhone 4 -- were up 61 percent from a year ago to 8.4 million, and the iPod continued its slow decline, down eight percent to 9.41 million units sold. Over half of the Apple's sales -- 52 percent -- were international, and Jobs is quoted saying "we have amazing new products still to come this year." Not a bad way to head into back-to-school and the holidays, we suppose -- we've got a feeling those iPad numbers are just going to go up.

We didn't learn too much apart from the fact that Apple's selling every iPhone and iPad it can make (Tim Cook repeated this over and over), and that Apple's setting aside $175 million in revenue to cover the free iPhone 4 cases. Of course, given that Apple added an additional $4.1 billion in cash to its warchest this quarter for a total of $45.8 billion, that's pretty much pocket change, but there's the number.

Comments

Post a Comment

Please don't forget to leave your comment.

Popular posts from this blog

9 New Technology Trends for 2021

-
Image
  Technology today is evolving at such a rapid pace, enabling faster change and progress, causing an acceleration of the rate of change, until eventually it will become exponential. However, it is not only technology trends and top technologies that are evolving, a lot more has changed this year due to the outbreak of COVID-19 making IT professionals realize that their role will not stay the same in the contact less world tomorrow. And an IT professional in 2020-21 will constantly be learning, unlearning and relearning (out of necessity if not desire). What does this mean for you? It means staying current with new technology trends. And it means keeping your eyes on the future to know which skills you’ll need to know to secure a safe job tomorrow and even learn how to get there. All bows to the worldwide pandemic, most of the global IT population is sitting back, working from home. And if you wish to make the most of your time at home, here are top 10 new technology ...
Read more

Awesome Homemade Gadgets

-
Image
Well, today we see the home made gadgets. The below gadgets are absolutely home made and come on lets check out those gadgets. Take a look at.. Wiimote Power Glove Plenty of Wii controllers are out there, but this custom-built Power Glove is the first to be compatible with the console -- created by a talented Japanese gamer. As you can tell from the video demonstration below, the controller retains wireless functionality and has no problems being detected by the sensor bar. Disintegrator The problem with most rubber band guns is that they're only designed to shoot one band at a time. This chaingun, called the Disintegrator, takes care of that problem. It's comprised of 479-pieces, boasts 24 revolving barrels (288 rubber band capacity), and can shoot up to 40 rubber bands per second . Plenty of Wii controllers are out there, but this custom-built Power Glove is the first to be compatible with the console -- created by a talented Japanese gamer. ...
Read more

20 Geeky Mug Design

-
Image
A coffee mug is the first thing you look for when you get up in the morning. A mug is one of those necessities of life which we cannot do without. Some prefer large, while others prefer small mugs. Some look for class whereas some prefer the simple ones. Whatever your choice, mugs are those inevitable accessories of our day to day life that can never be avoided. For some people, their coffee mugs symbolize their character, personality, and liking. They like to get up each morning and be reminded of that one passion or love that keeps them alive. And for the same reason, they want the first thing that they hold in their hands, a coffee mug, to remind them of that love that keeps them going.  In this article, we have brought to you some of the best coffee mugs ever made until now. Choose the one that rightly fits your personality and style. Automatic Stirring Mug Have you ever spilled out your coffee while stirring or often felt lazy to do hold the spoon and stir you...
Read more